10-K Filing

ETHOS MEDIA NETWORK, INC. CIK: 1585738 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001477932-16-013476`
Period End Date	20160831
Filing Date	20161114
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	eye-20160831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 26 Cash Flow Statement 30 Stockholders Equity 12

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.09M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$743.72K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.07K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.37K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.07K	USD	Point-in-time
Preferred stock, Shares issued	`PreferredStockSharesIssued`	50.00M	shares	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $1,090,118 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$1.34M	USD	Point-in-time
Preferred stock, Shares outstanding	`PreferredStockSharesOutstanding`	50.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $1,090,118 and $743,721, respectively	`PropertyPlantAndEquipmentNet`	$991.69K	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$993.76K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.35M	USD	Point-in-time
Common Stock, Par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	28.58M	shares	Point-in-time
Common Stock, Shares issued	`CommonStockSharesIssued`	27.99M	shares	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	28.58M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.62K	USD	Point-in-time
Common Stock, Shares outstanding	`CommonStockSharesOutstanding`	27.99M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.35K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.62K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.35K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$6.62K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.35K	USD	Point-in-time
Preferred stock: 500,000,000 authorized; $0.001 par value, 50,000,000 and 50,000,000 shares issued and outstanding, respectively	`PreferredStockValue`	$50.00K	USD	Point-in-time
Preferred stock: 500,000,000 authorized; $0.001 par value, 50,000,000 and 50,000,000 shares issued and outstanding, respectively	`PreferredStockValue`	$50.00K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value, 28,576,951 and 27,990,500 shares issued and outstanding, respectively	`CommonStockValue`	$27.99K	USD	Point-in-time
Common stock: 750,000,000 authorized; $0.001 par value, 28,576,951 and 27,990,500 shares issued and outstanding, respectively	`CommonStockValue`	$28.58K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.98M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.76M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$987.13K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.34M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$993.76K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$18.90K	USD	Annual
Revenues	`SalesRevenueGoodsNet`	$75.60K	USD	Annual
Total Revenues	`Revenues`	$18.90K	USD	Annual
Total Revenues	`Revenues`	$75.60K	USD	Annual
Contractor costs	`DirectOperatingCosts`	$114.67K	USD	Annual
Contractor costs	`DirectOperatingCosts`	$19.04K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$366.58K	USD	Annual
Stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$174.50K	USD	Annual
Professional fees	`ProfessionalFees`	$66.06K	USD	Annual
Professional fees	`ProfessionalFees`	$42.44K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$34.94K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$54.37K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$339.19K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$346.40K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$852.45K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$705.73K	USD	Annual
Net loss from operations	`OperatingIncomeLoss`	$-833.55K	USD	Annual
Net loss from operations	`OperatingIncomeLoss`	$-630.13K	USD	Annual
Gain (loss) on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	$6.20K	USD	Annual
Gain (loss) on settlement of payables	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-623.93K	USD	Annual
Net loss	`NetIncomeLoss`	$-833.55K	USD	Annual
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.02	USD	Annual
Basic and diluted loss per share	`EarningsPerShareBasic`	$-0.03	USD	Annual
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.36M	shares	Annual
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	27.86M	shares	Annual

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-623.93K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-833.55K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$346.40K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$339.19K	USD	Annual
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$366.58K	USD	Annual
Stock issued for service provided	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$174.50K	USD	Annual
Accounts receivable, net bad debt expense	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Accounts receivable, net bad debt expense	`IncreaseDecreaseInAccountsReceivable`	$77.62K	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$497.00	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.28K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.11K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-115.30K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-41.23K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$38.00K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$110.00K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$110.00K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$38.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.23K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.30K	USD	Annual
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.07K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.07K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$7.37K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$1.76M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$987.13K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$1.34M	USD	Point-in-time
Stock issued for cash, Amount	`StockIssuedDuringPeriodValueOther`	$38.00K	USD	Annual
Stock issued for cash, Amount	`StockIssuedDuringPeriodValueOther`	$110.00K	USD	Annual
Stock issued for services, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	$174.50K	USD	Annual
Stock issued for services, Amount	`StockIssuedDuringPeriodValueIssuedForServices`	$366.58K	USD	Annual
Net loss	`NetIncomeLoss`	$-623.93K	USD	Annual
Net loss	`NetIncomeLoss`	$-833.55K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$1.76M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$987.13K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$1.34M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.